Joined Nov 11, 2007
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RICO ACT 2.0; How Wall St May Have Violated The Law Again

Realistically we must be past 2.0, but were just talking about the past few years…

“……“Did Wall Street Violate the Racketeering Act …Again??” in regard to the pricing and potential manipulation of the credit derivatives market? Why has Wall Street fought the legislative and regulatory proposals to bring greater transparency into this corner of the casino? Why does Wall Street want to maintain its hegemony over the cash cow known as ‘credit derivatives’? Let’s navigate across the pond and review a probe of Wall Street’s CDS business by the EU. The European Union put out this official press release this morning,”

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